Cover art for podcast Millennial Investing - The Investor’s Podcast Network

Millennial Investing - The Investor’s Podcast Network

619 EpisodesProduced by The Investor's Podcast NetworkWebsite

Millennial Investing by The Investor’s Podcast Network is hosted by Patrick Donley and Kyle Grieve. Millennial Investing is one of the top-ranked investing podcasts in the world geared to the millennial generation.Here’s what we do:- We have conversations with the world’s best investors, entrepreneu… read more

52:40

REI077: Masterclass on Self-Storage w/ Nick Huber

Robert Leonard talks with Nick Huber about self-storage as an asset class, how to find, finance, and run storage facilities, the requirements to be a successful entrepreneur, and much, much more. Nick is an entrepreneur and real estate investor, who started the Sweaty Startup in December of 2018 because he believes the Shark Tank and Tech Crunch culture is ruining the real spirit of low-risk entrepreneurship. He is also the host of the Sweaty Startup Podcast with a mission to help people do common things uncommonly well.


IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

04:56 - What self-storage is and why choose to invest in it.

05:31 - If self-storage is an asset class that is realistically doable for new investors.

07:13 - How financing works on a self-storage facility (i.e. typical down payment requirements, loan terms, etc.).

10:57 - How Nick found and funded his first deal property.

11: 44 - What to look for in a location when searching for a piece of land to build on. 

12:58 - How important location is for self-storage. 

14:45 - Who self-storage investing is right for and who is it NOT right for?

28:08 - What the costs are to acquire the land, do the construction, and run a storage facility. 

25:15 - How to estimate what to charge for rent when it comes to self-storage revenue. 

28:45 - What reserves to set aside for a self-storage facility and how to estimate those items in a deal analysis.

36:13 - What return metrics one should focus on and what a satisfactory number is for those metrics.

40:57 - How to perceive the competition in self-storage and what to do in order to win in a competitive asset class.

45:52 - Whether it’s best to focus on one thing or one strategy versus working on many things at once.

47:48 - What impact does growing a large social media following has on a business? 

53:10 - What is required to be a successful entrepreneur if smarts isn’t a necessity?

And much, much more!


*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


BOOKS AND RESOURCES


SPONSORS

Support our free podcast by supporting our sponsors:


Connect with Robert: Twitter | Instagram 

Connect with Nick: Website | Twitter 

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Educational emoji reaction

Educational

Interesting emoji reaction

Interesting

Funny emoji reaction

Funny

Agree emoji reaction

Agree

Love emoji reaction

Love

Wow emoji reaction

Wow

Listen to Millennial Investing - The Investor’s Podcast Network

RadioPublic

A free podcast app for iPhone and Android

  • User-created playlists and collections
  • Download episodes while on WiFi to listen without using mobile data
  • Stream podcast episodes without waiting for a download
  • Queue episodes to create a personal continuous playlist
RadioPublic on iOS and Android
Or by RSS
RSS feed
https://feeds.megaphone.fm/PPLLC9062165992

Connect with listeners

Podcasters use the RadioPublic listener relationship platform to build lasting connections with fans

Yes, let's begin connecting
Browser window

Find new listeners

  • A dedicated website for your podcast
  • Web embed players designed to convert visitors to listeners in the RadioPublic apps for iPhone and Android
Clicking mouse cursor

Understand your audience

  • Capture listener activity with affinity scores
  • Measure your promotional campaigns and integrate with Google and Facebook analytics
Graph of increasing value

Engage your fanbase

  • Deliver timely Calls To Action, including email acquistion for your mailing list
  • Share exactly the right moment in an episode via text, email, and social media
Icon of cellphone with money

Make money

  • Tip and transfer funds directly to podcastsers
  • Earn money for qualified plays in the RadioPublic apps with Paid Listens